Fidelity Advisor Stock Selector Large Cap Value Fund - Class C is an actively managed mutual fund focused on large-cap U.S. equities with value characteristics. The fund seeks long-term capital growth by investing at least 80% of its assets in companies with large market capitalizations, typically those included in widely followed benchmarks such as the Russell 1000 Index or the S&P 500 Index. Its investment strategy centers on identifying stocks that management believes are undervalued relative to company assets, earnings, growth potential, cash flow, or compared to other companies within the same industry. The portfolio is diversified across multiple sectors, including financials, energy, healthcare, industrials, technology, and consumer-related sectors. This broad sector allocation is designed to manage risk and capture opportunities across the U.S. large-cap value landscape. The fund employs a team-based management approach, leveraging the expertise of multiple Fidelity managers. It is positioned within the large value category, targeting investors seeking exposure to established companies trading at lower valuations. The fund serves as a core equity holding for diversified investment portfolios, aiming to offer both capital preservation and appreciation through disciplined value investing strategies.
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